US (NC): Real estate giant developing ag tech park
The new Alexandria Center for AgTech-RTP unveiled Wednesday is the first site of its kind aimed at multiple tenants in the agtech space, said Joel Marcus, founder and CEO of California-based Alexandria.
“We’re not looking to lease it to one tenant,” Marcus said.
An affiliate of Alexandria recently acquired the former Syngenta site at 3054 East Cornwallis Road, five inter-connected buildings and the 20 acres that surrounds them, for $8.75 million, according to Durham County property records.
“We have additional capability to build there,” Marcus said.
Marcus is looking for the Center for AgTech to mirror the success that his company has enjoyed with its centers elsewhere. They include the Alexandria Center for Life Science in New York, which was established a decade ago and today boasts 3,000 employees working at multiple life science companies occupying nearly 1 million square feet of space.
Read more at The News & Observer
